Another Jumbo Covered Bond Debuts this Month

Credit Agricole launched the second Jumbo issue on the covered bond market this week. It marks the bank's debut in this arena.

The deal priced its seven-year structured paper at 135 basis points over swaps, paying a slight premium over the spreads established by BNP Paribas (five-year at plus110 basis point) earlier this month.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.